Has anyone ever send OMi from there Veve app to

Question

Has anyone ever send OMi from there Veve app to

an exchange? Does anyone know if this will be possible when OMI is on L2 and exchanges are on L1? Guessing there will be a possibility to swap from L2 (and visa versa) in Veve app, but does that also mean you would need Eth in the Veve app to send the Omi?

#cryptocurrency #ecomi #english

0

24.01.2022

13 ответов

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Sarb Автор вопроса

Essa AmaZix
There will be a bridge. More information will be s...

Yes - I understand that will be a bridge. But say I want to remove my OMI from the Veve wallet - do I need to have ETH in the exchange? Also - will there be in Veve wallet to fiat exchange? Finally - will I be able to sell any NFTs I buy in the app for fiat? (Thanks in advance for any help, I am still learning)

0

24.01.2022

Essa AmaZix

Sarb
Yes - I understand that will be a bridge. But say ...

do I need to have ETH in the exchange? - Yes will there be in Veve wallet to fiat exchange? Finally - will I be able to sell any NFTs I buy in the app for fiat? - Gems to fiat will be possible once MTL is ready to roll out. You can sell or buy nft with omi in due time after migration

0

24.01.2022

Essentially Crypto

Sarb
Yes - I understand that will be a bridge. But say ...

Eth will be in metamask not the exchange. All bridge will go through metamask. Pay to bridge on , pay to bridge off. If you want to go exchnage you would have to bridge to metamask first then go meta to exchange but either way you would need eth on metamask for the gas

0

24.01.2022

Sarb Автор вопроса

Essa AmaZix
do I need to have ETH in the exchange? - Yes will...

Thank you Essa. I miswrote the main question (doh). If I am sending Omi from the Veve wallet to an exchange - will I need ETH in the Veve wallet to send the Omi? TBH - I am planning to stake (if possible) and just hodl for a few years (as I think that is the amount of time Veve/Omi will need to be a recognised name in the mainstream)

0

24.01.2022

Essa AmaZix

Sarb
Thank you Essa. I miswrote the main question (doh)...

After the migration? You have to bridge them back to L1.

0

24.01.2022

Sarb Автор вопроса

Essentially Crypto
Eth will be in metamask not the exchange. All brid...

Thank you. So bridge my Veve to metamask?

0

24.01.2022

Sarb Автор вопроса

Essa AmaZix
After the migration? You have to bridge them back ...

So to bridge back on Veve from L2 to L1 - would you need ETH? this is the step I am not getting. How would I get the OMI off Veve app - would this sending off the Veve app require ETH>

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24.01.2022

Essa AmaZix

Sarb
So to bridge back on Veve from L2 to L1 - would yo...

Yes, gas fees will incur.

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24.01.2022

Sarb Автор вопроса

Essa AmaZix
Yes, gas fees will incur.

So we will be able to have/store ETH on the Veve wallet (alongside Gems and Omi).

0

24.01.2022

Sarb Автор вопроса

Essa AmaZix
Yes, gas fees will incur.

Thank you once again for all your help

0

24.01.2022

Essa AmaZix

Sarb
Thank you once again for all your help

You're welcome. 😊

0

24.01.2022

Essentially Crypto

Sarb
So to bridge back on Veve from L2 to L1 - would yo...

Basically the bridge is attached to metamask. So if you send your tokens to veve before the swap they swap it all for you. Then after you would need to pay in eth to get them off the veve app into metamask wallet. If you miss the window you need to use the site and pay fees to swap and then if you wanted to send to veve you would have to use the bridge also and pay two gas fees. One from the exchnage you buy Omi ( eth ) on and one when you want to bridge to layer two

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24.01.2022

Essa AmaZix · Accepted Answer

Essa AmaZix

There will be a bridge. More information will be shared. Stay tuned please.

0

24.01.2022

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